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Trade Leased Car Hilo HI

Trading a leased car is not quite the same as trading a car that has been purchased, even those purchased with a loan. There are differences that often make it not feasible, even though it might not be obvious at first glance.

Hertz - Air Service Hawaii
(808) 935-2896
Hilo International Airport Gate 21
Hilo - Hawaii, HI
Hours
0800-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Hilo Airport HLE
(808) 935-2898
1 General Lyman Field
Hilo - Hawaii, HI
Hours
0600-2130 7 Days.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations., Gold Counter Service , Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.
Additional Information
After Hours - Meets scheduled flights. After hours returns are allowed. Park the vehicle in the Hertz area. Place keys and rental record in the drop box located behind the counter. Pier - Approximately 3.5 miles from the pier. Service is available 0800-1930. Please call 808-935-2896 after ship docks to arrange for pickup service.

Enterprise Auto Rental
(808) 661-8804
605 Kaanapali Pkwy Ste 3
Lahaina, HI
 
Hertz - 3250 Hoolimalima Place HLE
(808) 241-7188
3250 Hoolimalima Place
Lihue - Kauai, HI
Hours
0700-2100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations., Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.
Additional Information
This location is for Insurance Replacement rentals only.

Enterprise Auto Rental
(808) 836-2213
255 Aolele St
Honolulu, HI
 
Hertz - Bradley Pacific Aviation
(808) 935-2896
Old Airport Road
Hilo - Hawaii, HI
Hours
0700 - 1530 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Waikiki Beach Hyatt
(808) 971-3535
2424 Kalakaua Avenue
Waikiki Beach - Oahu, HI
Hours
0700-2100 7 days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Located within 2 blocks of most Sheraton hotels, located towards the east end of Waikiki. Closest to the Pacific Beach Hotel, Hawaiian Regent Hotel and the Royal Hawaiian Hotel. Within 5 miles of the Kahala Hotel. Located in a gated area which are locked at closing time. There is no access to this location after closing.

Hertz - Air Service Hawaii
(808) 245-3356
3901 Mokulele Loop
Lihue - Kauai, HI
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(808) 979-2600
778 Ala Moana Blvd Ste 202
Honolulu, HI
 
Enterprise Rent-A-Car
(808) 979-2600
1778 Ala Moana Blvd
Honolulu, HI

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Trade Leased Car

You are leasing a car and are considering buying or leasing another car. Is it a good idea to trade a leased car before the old lease is finished โ€“ or is it better to wait until lease-end to trade โ€“ or neither?

Trading a leased car is not quite the same as trading a car that has been purchased, even those purchased with a loan.

There are differences that often make it not feasible, even though it might not be obvious at first glance.

Let's review some leasing basics first
When leasing, you don't own the vehicle. You also don't build up any ownership equity unless you made a very large down payment or had a valuable trade-in at the beginning of the lease.

This means, for most leases, your payments never quite keep up with the ever-increasing depreciated value of the vehicle โ€” you are always "upside down." Even at the end of the lease, the actual market value of the vehicle will usually be less than the residual, or purchase option, value.

Therefore, you have nothing to trade to a dealer for a new vehicle. You have no "equity."

The exception, again, would be if either your early payoff amount (get it from your lease company) or the sum of remaining payments is less than the market value, or trade-in value, of your vehicle. You can check trade-in values at www.kbb.com or www.nadaguides.com. The way that this might happen is if you had made a large down payment (cap cost reduction) at the beginning...

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